In boxing, all the champion's results are visible. In forex, talk is cheap.
- #1,242
- May 1, 2012 5:06am May 1, 2012 5:06am
- Joined Feb 2012 | Status: Trader | 3,108 Posts
Let all the living things live blissfully
Multi time frame Simple MACD system 824 replies
Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies
Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies
Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies
Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies
DislikedFor Thought:- I see lot of people asking me how i loook at HTF.
Here is how...
1) SUPPORT AND RESISTANCE
2) SUPPLY AND DEMAND
According to me
1) S&R :- According to me S&R is only on smaller timeframes
2) S&D :- supply and demand are from the HTF
so what you see on the LTF is used only to take your profits.this is what i do.and i enter trades based on HTF S&D from above 4HR TF.this is the mantra.Ignored
DislikedGBP/USD
i know this isnt a text book trade but i still wanted to get your opinion on it.
This is how i thought.
The price tried to breakthrough 1.6200 5times but couldnt.
Then i saw the tdi cross
And THEN i saw that there was som space between the 10 ema and the 200 ema
So i went long.
i put me stopLoss 20pips down and take profit just below the MS1 line.
Whas this just a "lucky punch" or did i do something right?Ignored
DislikedFor Thought:- I see lot of people asking me how i loook at HTF.
Here is how...
1) SUPPORT AND RESISTANCE
2) SUPPLY AND DEMAND
According to me
1) S&R :- According to me S&R is only on smaller timeframes
2) S&D :- supply and demand are from the HTF
so what you see on the LTF is used only to take your profits.this is what i do.and i enter trades based on HTF S&D from above 4HR TF.this is the mantra.Ignored
Dislikedlearn from my chart below, you will underatnd the short of au earlier wont go far.
This is aj, showing the oppiste effect of tdi against 200ema. The force of memomentum superceed 200ema.
My young padawan knows this rules by hard.Ignored
DislikedMarkets are sooooo slow today....patience
Everything seems stuck between 200ema and 800 ema...Ignored